Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...

U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...

Economist Paul Krugman says Trump's tariffs, tax cuts, and deportations won't bring down grocery prices and will harm working ...

US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...

Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.

A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.

Consumers’ inflation expectations soared in January, over concerns that tariffs would raise goods prices. Read more at ...

Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...

The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.

The core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.

U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit.

U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...